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Biotech / Medical : VICL (Vical Labs)

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To: Jim Roof who wrote (484)	1/9/1998 1:37:00 PM
From: Scott H. Davis	Read Replies (1) of 1972

Jim, I agree about the false signals, that's why I look at all three combined, & how high. Looking at the long term, if VICL can break thru 16.5 approx, I beleive that will be significant looking at a declining line down from the tops the last 2 years. However to do that VICL will probably need some help - several good biotech news items in general, another article such as BW, or new analyst coverage/analyst upgrades. Since I don't see any sort of a base last 2 years, I would not be very disappointed to see VICL base in the 14's for a while. IMHO, Scott

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